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Coenda Investments Holding Corp. Shareholder Press Release Amended Early Warning Report

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Coenda Investments Holding Corp. has acquired 9,523,809 subordinated voting shares of Planet Based Foods Global Inc. (OTC:PBFFF) in a debt settlement transaction worth CAD $500,000. The acquisition, completed on August 28, 2025, increases Coenda's ownership from 49.15% to 54.86% of PBFFF's outstanding subordinated voting shares.

Kerem Akbas, who controls Coenda and serves as a director of Planet Based Foods, may be considered a joint actor in the transaction though he personally owns no shares. The acquiror indicates it may purchase additional securities or dispose of its holdings based on market conditions and compliance with securities laws.

Coenda Investments Holding Corp. ha acquisito 9.523.809 azioni di voto subordinate di Planet Based Foods Global Inc. (OTC:PBFFF) nell’ambito di una transazione per estinzione di debito del valore di CAD $500.000. L’operazione, completata il 28 agosto 2025, porta la partecipazione di Coenda dal 49,15% al 54,86% delle azioni di voto subordinate in circolazione di PBFFF.

Kerem Akbas, che controlla Coenda e ricopre la carica di amministratore in Planet Based Foods, potrebbe essere considerato co-attore nella transazione nonostante non possieda azioni a titolo personale. L’acquirente segnala la possibilità di acquistare ulteriori titoli o di cedere le partecipazioni in funzione delle condizioni di mercato e del rispetto delle normative sui titoli.

Coenda Investments Holding Corp. ha adquirido 9.523.809 acciones subordinadas con derecho a voto de Planet Based Foods Global Inc. (OTC:PBFFF) en una transacción de cancelación de deuda por un valor de CAD $500,000. La adquisición, completada el 28 de agosto de 2025, incrementa la participación de Coenda del 49,15% al 54,86% de las acciones subordinadas con voto en circulación de PBFFF.

Kerem Akbas, que controla Coenda y es director de Planet Based Foods, podría considerarse actor conjunto en la operación aunque no posea acciones a título personal. El adquirente indica que podría comprar valores adicionales o disponer de sus tenencias según las condiciones del mercado y el cumplimiento de las leyes de valores.

Coenda Investments Holding Corp.ëŠ� ë¶€ì±� ì •ì‚° 거래ë¥� 통해 Planet Based Foods Global Inc. (OTC:PBFFF)ì� 9,523,809ì£� 열등ì˜ê²°ê¶� 주ì‹ì� CAD $500,000 ìƒë‹¹ìœ¼ë¡œ ì·¨ë“했습니다. ì� ì¸ìˆ˜ëŠ� 2025ë…� 8ì›� 28ì� 완료ë˜ì—ˆìœ¼ë©°, Coendaì� 보유 ì§€ë¶„ì„ 49.15%ì—서 54.86%ë¡� ì¦ê°€ì‹œì¼°ìŠµë‹ˆë‹�.

Coendaë¥� 지배하ê³� Planet Based Foodsì� ì´ì‚¬ë¡� 있는 Kerem AkbasëŠ� ê°œì¸ì ìœ¼ë¡� 주ì‹ì� 보유하고 있지ëŠ� 않지ë§� 해당 거래ì� ê³µë™ í–‰ìœ„ìžë¡œ 간주ë� ìˆ� 있습니다. ì¸ìˆ˜ìžëŠ” 시장 ìƒí™© ë°� ì¦ê¶Œë²� ì¤€ìˆ˜ì— ë”°ë¼ ì¶”ê°€ 유가ì¦ê¶Œì� 매수하거ë‚� 보유 주ì‹ì� 처분í•� ìˆ� 있ìŒì� ë°íž™ë‹ˆë‹¤.

Coenda Investments Holding Corp. a acquis 9 523 809 actions subordonnées avec droit de vote de Planet Based Foods Global Inc. (OTC:PBFFF) dans le cadre d’une opération de règlement de dette d’un montant de CAD $500,000. L’acquisition, finalisée le 28 août 2025, porte la participation de Coenda de 49,15% à 54,86% des actions subordonnées avec droit de vote en circulation de PBFFF.

Kerem Akbas, qui contrôle Coenda et est administrateur de Planet Based Foods, peut être considéré comme acteur conjoint de l’opération bien qu’il ne détienne personnellement aucune action. L’acquéreur indique qu’il pourrait acheter des titres supplémentaires ou céder ses participations en fonction des conditions de marché et du respect des lois sur les valeurs mobilières.

Coenda Investments Holding Corp. hat 9.523.809 nachrangige stimmberechtigte Aktien von Planet Based Foods Global Inc. (OTC:PBFFF) im Rahmen einer Schuldenbereinigungs-Transaktion im Wert von CAD $500.000 erworben. Der Erwerb, abgeschlossen am 28. August 2025, erhöht Coendas Anteil an den ausstehenden nachrangigen stimmberechtigten Aktien von PBFFF von 49,15% auf 54,86%.

Kerem Akbas, der Coenda kontrolliert und als Direktor von Planet Based Foods tätig ist, kann trotz fehlenden persönlichen Aktienbesitzes als gemeinschaftlich Handelnder in der Transaktion angesehen werden. Der Erwerber weist darauf hin, dass er je nach Marktbedingungen und unter Einhaltung der Wertpapiergesetze weitere Wertpapiere kaufen oder seine Bestände veräußern könnte.

Positive
  • Debt settlement of CAD $500,000 improves Planet Based Foods' balance sheet
  • Demonstrates major shareholder's confidence in the company through increased ownership
Negative
  • Significant ownership concentration with one shareholder controlling over 54% of voting shares
  • Potential for future share dilution if additional debt settlements occur

Vancouver, British Columbia--(Newsfile Corp. - August 28, 2025) - Coenda Investments Holding Corp. (the "Acquiror"), a company controlled by Kerem Akbas, announces the filing of an amended early warning report in connection with the acquisition of 9,523,809 subordinated voting shares (the "Shares") of Planet Based Foods Global Inc. (the "Issuer") on August 28, 2025 (the "Acquisition") in settlement of outstanding indebtedness.

Prior to the transaction, the Acquiror owned 10,000,000 subordinated voting shares of the Issuer, representing approximately 49.15% of the issued and outstanding subordinated voting shares of the Issuer. Following completion of the Acquisition, the Acquiror beneficially held and/or had control over an aggregate of 19,523,809 subordinated voting shares, representing approximately 54.86% of the issued and outstanding subordinated voting shares of the Issuer.

Kerem Akbas, the controlling shareholder of the Acquiror and a director of the Issuer, may be considered a joint actor with the Acquiror. Mr. Akbas does not personally own any shares of the Issuer.

The Shares were acquired in settlement of debt in the aggregate amount of CAD $500,000 owing by the Issuer to the Acquiror. Subject to compliance with applicable securities laws, the Acquiror may, from time to time and depending on market and other conditions, acquire additional shares and/or other equity, debt or other securities or instruments of the Issuer in the open market or otherwise, and reserves the right to dispose of any or all of the securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the securities.

This press release is issued pursuant to the early warning requirements of National Instrument 62-104 and National Instrument 62-103, which also require a report (the "Early Warning Report") to be filed with securities regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters. A copy of the Early Warning Report has been filed and is available under the Issuer's SEDAR+ profile at .

For information please contact:

Kerem Akbas
Tel.: +12366885787

To view the source version of this press release, please visit

FAQ

What percentage of Planet Based Foods (PBFFF) does Coenda Investments now own after the August 2025 transaction?

Following the acquisition, Coenda Investments now owns 54.86% of Planet Based Foods' outstanding subordinated voting shares, up from 49.15% previously.

How many shares did Coenda Investments acquire in the PBFFF debt settlement?

Coenda Investments acquired 9,523,809 subordinated voting shares of Planet Based Foods in settlement of CAD $500,000 of debt.

Who is Kerem Akbas in relation to Planet Based Foods (PBFFF)?

Kerem Akbas is the controlling shareholder of Coenda Investments and serves as a director of Planet Based Foods, though he personally owns no shares.

What was the purpose of Coenda's share acquisition in Planet Based Foods?

The shares were acquired to settle CAD $500,000 of debt owed by Planet Based Foods to Coenda Investments.

What are Coenda's future intentions regarding their PBFFF shareholding?

Coenda indicated it may acquire additional shares or dispose of its holdings based on market conditions and securities law compliance.
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